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Metanor Resources MEAOD

Metals & Mining Gold Industrial Metals & Minerals
Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

Metanor Resources > Barry Pit mining guesstimate...
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Comment by BASTILLEDAY4Uon Aug 23, 2016 9:11pm
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Post# 25170153

RE:Barry Pit mining guesstimate...

RE:Barry Pit mining guesstimate...
Wangotango67 wrote: $730 - $850....(correction): if anything less, its a wow factor.

About a year ago, I read of one gold company, (hard dock) was mining the ore about tbe top end of $700's - range. Think about that... Thats amazing... So, if another gold mining company, a hsrd rock gold mining company,  can achieve those numbers, why cant MTO - achieve a price range thats in or around the same ball park?

Crunch these numbers....
Say $800 mining cost - $1750 gold spot = $950 profit (gross) x 40k ounces...


Like, hello, the pit is not that far away... Railing it, would be ingenious.... 

Cheers !


Good job for you idiot, hauling the ore from the Barry pit.User image
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